Does Vietnam rely on China?

Vietnam also depends on China for capital goods, which includes machinery, equipment, vehicles, and tools used to make finished goods. In 2000, Vietnam imported US$600 million of capital goods from China, accounting for 42.85 percent of all imports from the latter.

Can Vietnam become a rich country?

Vietnam has grown bolder in its development aspirations, aiming to become a high-income country by 2045. To do this, the economy would have to grow at an annual average rate of around 5 percent per capita for the next 25 years.

Is Vietnam a strong state?

Some scholars now view the Vietnamese state as being weak, as opposed to the long-accepted idea that it is strong. The current mode of thinking about state-society relations in Vietnam is thus divided into the dichotomy of a “strong” or “weak” state.

What is going on with Vietnam’s relations with China?

The most recent troubles began in mid-July, when the Vietnamese Foreign Ministry spokesperson Lê Thị Thu Hằng claimed that the “Chinese geological survey vessel group Haiyang Dizhi 8 recently violated Việt Nam’s exclusive economic zone and continental shelf in the south of the East Sea.”

What is the South China Sea stand-off between China and Vietnam?

Vietnam and China are engaged in a slow boiling stand-off in the South China Sea that has not received sufficient attention. China has reportedly sent one survey vessel and at least four Chinese…

Can Vietnam fill China’s largest supply chain?

But Vietnam, the world’s 15th-largest country at around 95 million people, simply can never fill China’s gigantic boots in the global supply chain. The good news is in for Vietnam.

How will Vietnam defend itself against China?

First, Vietnam will emphasize defense over offense. This resembles China’s “ active defense ” approach, which couples a strategic defense with aggressive offensive tactical operations.